{"href":"http://player.captivate.fm/services/oembed?url=http%3A%2F%2Fplayer.captivate.fm%2Fepisode%2F5276ba05-9db7-43a8-adf7-e710fedddde9","version":"1.0","provider_name":"Captivate.FM","provider_url":"https://www.captivate.fm","width":600,"height":200,"type":"rich","html":"","title":"How Retirement is Not a Sprint, It is A Marathon","description":"In this episode, Eric talks with\u00a0Yanni Neibuhr, a financial advisor for BFG, on how different generations view financial independence and how you should start thinking about retirement in your 20s and 30s.\u00a0\n In this episode: \u25cf Retirement is not something that should be started at 60, it should be started as soon as possible \u25cf Millennials have a different mindset of what independence means and they want to be independent as soon as possible -- The side hustle- Finding ways to make money outside of a 9-5 job in order to become independent\u00a0 \u25cf Entrepreneurship is growing- a lot of people are starting their own companies, particularly online.\u00a0 -- The Instagram generation: trying to create their own brands, social awareness \u25cf The greatest generation- many of them had pensions, received social security and saving 10% would have been enough to comfortably retire. It is no longer that way -- Now it is YoYo- You\u2019re on your own \u25cf Underemployment is high- people are getting working for less than their education prepared them for \u25cf Program where companies match student loans instead of retirement, which is way more valuable for Millennials \u25cf Extra credit: Advice is to start saving as early as possible. Remember that saving is a marathon not a sprint- the sooner you start training, the better off you will be. Don\u2019t rush into anything- there are steps to it and everybody is unique.\nLearn more about your ad choices. Visit megaphone.fm/adchoices","thumbnail_width":300,"thumbnail_height":300,"thumbnail_url":"https://artwork.captivate.fm/80617455-d47e-4b91-94c3-31e3e4cb604e/dont-retire-graduate-quote-tile.png"}